Save with the Section 179 Tax Deduction near Batavia, IL


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Get that new or used vehicle you’ve been eyeing for your business before the year ends! With the due date for filing your 2017 taxes fast approaching, our Nissan dealership near Batavia, IL, wants to help you save big. That’s why we’re reminding you about the Section 179 Tax Deduction, which allows you to receive tax breaks on the new-to-you vehicle you leased or financed for your business. Check out some of the rules pertaining to this tax deduction, then visit Gerald Nissan of North Aurora to find your company’s next new ride!

Before you apply for a Section 179 tax break, there are a few pieces of information you should know. Your Nissan must be used for business purposes at least 50% of the time. If you plan to use it for personal matters for a certain percentage of the time, the depreciation limits will be reduced accordingly. When you opt for a Nissan sedan like the Nissan Sentra, Maxima or Murano, the total deduction for depreciation is limited to $11,060. If you choose to finance or lease a van or truck like the Nissan Titan, your total deduction for depreciation is capped at $11,160. To qualify, your company must have been founded in 2014 or earlier, and you need to have been in business for at least two years. Although the vehicle will be titled in your company’s name instead of your own, both parties must have favorable credit.

Other Section 179 guidelines include:


    • Section 179 may apply to Nissan commercial vehicles including the 2017 Nissan NV200 Taxi, 2017 Nissan NV200 Passenger Van and 2017 Nissan NV Cargo Van. See the Section 179 Vehicle Deduction website for more information about large vehicles.


    • You can lease, finance or buy a Nissan outright to be eligible for the Section 179 Deduction.


    • As long as the vehicle you choose is new to you, the Section 179 deduction can be applied. That means you can buy or lease a new or used Nissan for your business.


    • The Section 179 Tax Deduction is not available when you switch the car you already own from personal to business use.


  • Your Nissan must be registered and ready for use within the 2017 tax year in order for you to claim the deduction.

Shop the new Nissan inventory at Gerald Nissan of North Aurora to find your business’ next vehicle. Contact our North Aurora Nissan dealership if you want more information!

Enjoy the perks of the Section 179 Tax Code today!